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Business Investment Fund – Business Development Support Program

ByMaurice

Amount:$100,000 Type of Program:Grants Description:The Business Development Support Program assists Newfoundland and Labrador SMEs with opportunities to increase their productivity and improve their competitiveness. Funding is available for productivity improvements, knowledge development, market development and/or professional technical advice.Comments on Funding:Funding is in the form of a non-repayable contribution(s) to a maximum amount of $100,000 per…

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Business Investment Fund – Business Investment Program

ByMaurice

Amount:$1,000,000.00 Type of Program:Loan & Investment Description:The Business Investment Program provides term loans and equity investments to Newfoundland and Labrador SMEs in strategic growth sectors as identified by Industry, Energy and Technology (IET). The fund is also available to businesses which have export potential and require assistance to enter or expand in external markets.Funds are…

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Economic Diversification and Growth Enterprises (EDGE)

ByMaurice

Amount:No Fixed Amount Type of Program:Rebate Description:The Economic Diversification and Growth Enterprises (EDGE) Program provides incentives to encourage significant new business investment in the province to help diversify the economy and stimulate new private sector job creation, particularly in rural areas.Comments on Funding:The following incentives and benefits may apply:1100% rebate on provincial corporate income tax…

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Fisheries Loan Guarantee Program

ByMaurice

Amount:$3,000,000 Type of Program:Loan Guarantee Description:The Fisheries Loan Guarantee Program supports the development of the province’s independent fish harvesting industry by providing a government guarantee on loans through local chartered banks for the construction or purchase of marine vessels and/or to purchase new engines and fishing equipment for the improvement, rebuilding or alteration of existing…

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Innovation and Business Development Fund (IBDF)

ByMaurice

Amount:No Fixed Amount Type of Program:Grants Description:The Innovation and Business Development Fund is focused on investments to grow and diversify Newfoundland and Labrador’s oil and gas supply and service capabilities. The fund provides funding to commercial and non-commercial applicants for business development, emerging technologies and industry diversification. The fund supports The Way Forward on Oil…